Comments on: Rise in Luxury Home Foreclosures, Short Sales and REO’s? http://www.luxuryhomedigest.com/2008/05/26/rise-in-luxury-foreclosures-short-sales-and-reos/ Luxury Homes, Luxury News, Luxury Real Estate Sun, 12 Feb 2012 04:10:05 +0000 hourly 1 http://wordpress.org/?v=3.3 By: McLean VA Luxury Homes http://www.luxuryhomedigest.com/2008/05/26/rise-in-luxury-foreclosures-short-sales-and-reos/#comment-777 McLean VA Luxury Homes Sun, 03 May 2009 15:28:22 +0000 http://luxuryhomedigest.com/2008/05/26/rise-in-luxury-foreclosures-short-sales-and-reos/#comment-777 Yes thre are fewere homes and fewer buyers for the upper price ranges...now there is less credit and layoffs which means there is major trouble ahead for upper end homes. Yes thre are fewere homes and fewer buyers for the upper price ranges…now there is less credit and layoffs which means there is major trouble ahead for upper end homes.

]]> By: Luxury Foreclosures Becoming More Common | Luxury Specialist http://www.luxuryhomedigest.com/2008/05/26/rise-in-luxury-foreclosures-short-sales-and-reos/#comment-776 Luxury Foreclosures Becoming More Common | Luxury Specialist Fri, 03 Oct 2008 19:29:23 +0000 http://luxuryhomedigest.com/2008/05/26/rise-in-luxury-foreclosures-short-sales-and-reos/#comment-776 [...] Rise in­ Lu­x­u­ry­ Hom­e Foreclosu­res, REO’s a­n&#17... [...] [...] Rise in­ Lu­x­u­ry­ Hom­e Foreclosu­res, REO’s a­n&#17… [...]

]]> By: Luxury Real Estate Not Escaping Financial Ravages | NaplesBuzz.com http://www.luxuryhomedigest.com/2008/05/26/rise-in-luxury-foreclosures-short-sales-and-reos/#comment-775 Luxury Real Estate Not Escaping Financial Ravages | NaplesBuzz.com Fri, 20 Jun 2008 22:11:46 +0000 http://luxuryhomedigest.com/2008/05/26/rise-in-luxury-foreclosures-short-sales-and-reos/#comment-775 [...] From the Luxury Home Digest [...] [...] From the Luxury Home Digest [...]

]]> By: Luxury Real Estate Not Escaping Financial Ravages | VailBuzz http://www.luxuryhomedigest.com/2008/05/26/rise-in-luxury-foreclosures-short-sales-and-reos/#comment-774 Luxury Real Estate Not Escaping Financial Ravages | VailBuzz Fri, 20 Jun 2008 22:06:32 +0000 http://luxuryhomedigest.com/2008/05/26/rise-in-luxury-foreclosures-short-sales-and-reos/#comment-774 [...] From the Luxury Home Digest [...] [...] From the Luxury Home Digest [...]

]]> By: Eric- New Orleans Condos and Lofts http://www.luxuryhomedigest.com/2008/05/26/rise-in-luxury-foreclosures-short-sales-and-reos/#comment-773 Eric- New Orleans Condos and Lofts Sat, 07 Jun 2008 01:21:39 +0000 http://luxuryhomedigest.com/2008/05/26/rise-in-luxury-foreclosures-short-sales-and-reos/#comment-773 You are correct in that everything is affected by the current credit crunch. The New Orleans market was not a bubble market in the the prices have been rather stable for 3-4 years. Many people moving form out of town this is this just like every other bubble market. I cannot remember seeing a foreclosure in my niche market of condos in the last 2 years. I work a downtown market that is in demand and only saw one subprime loan in the past 200 sales leading up to the bubble pop! He happened to be a lender that dealt in sub-prime loans. He has since changed careers. You are correct in that everything is affected by the current credit crunch. The New Orleans market was not a bubble market in the the prices have been rather stable for 3-4 years. Many people moving form out of town this is this just like every other bubble market. I cannot remember seeing a foreclosure in my niche market of condos in the last 2 years.

I work a downtown market that is in demand and only saw one subprime loan in the past 200 sales leading up to the bubble pop! He happened to be a lender that dealt in sub-prime loans. He has since changed careers.

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